Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

If it has any basis at all (such as you left the apartment during your lease term for what you felt was a justifiable reason and stopped paying rent, but the landlord disagreed) then you may be better off paying a rather small settlement.  

However, I would disagree.

Only thing I’ll disagree with you on is bad assets as I don’t believe there can be a bad asset - if something is lining your pocket and you are establishing equity, that really cannot be bad.

I completely disagree with anyone who is saying that there's a crappy experience on booking.com.

So again I don’t disagree that there will be elevated unemployment in the dc area, I don’t even disagree it’s possible you see a spike in inventory (though no evidence of that yet) in fact I’ve been saying on the forms for years I think some people have been to confident in areas real estate market, I was maybe the only person on here who saw what was going on in dc city proper when prices did fall about 20% 3 years ago.

@V.G Jason I'll disagree with you here.

Maybe the reason you disagree with the dollars is that you are comparing a cash on cash rate of return with actual dollars.

Simply, I disagree. 

@Michael Lyons I disagree with your assessment, there is absolutely a catchment area that matters.